Solved

Recall That the Total Income Received from Time t=at = a

Question 46

Multiple Choice

Recall that the total income received from time t=at = a to time t=bt = b from a continuous income stream of R(t) R ( t ) dollars per year is
Total value = TV = abR(t) dt\int _ { a } ^ { b } R ( t ) \mathrm { d } t
Find the total value of the given income stream and also find its future value (at the end of the given interval) using the given interest rate.
R(t) =800,000sin(2πt) R ( t ) = 800,000 \sin ( 2 \pi t ) , 0t50 \leq t \leq 5 , at 9%


A) TV = $0, FV = $72,344.91
B) TV = $0, FV = $327,074.77
C) TV = $1,600,000, FV = $834,722.23
D) TV = $0, FV = $256,372.45
E) none of these

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions